GDR goldstar resources nl

perplexing....

  1. 32 Posts.
    Here is my maiden post...
    Goldstar is a strange one.
    I bought at 46c. Since then Goldstar intersected 5600gm per tonne gold at Eureka, and 211g/t at tubal Cain, and many other excellent grades nearby.
    I believe 5.6kg/t is a record in Victoria.
    How many gold miners talk in kilograms to the tonne!
    Since then the gold price has gone up maybe 40%.
    Well...Goldstar shares have gone down to 17 cents....
    I have noticed also with an oil stock (BPT) a very well run company. They keep on increasing their reserves every month, and oil keeps rising. But the share price just goes lower. I believe both companies have not pre sold much.
    It seems the market fundamentals are not working anymore.
    Any explanations?
 
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